Hammond Power Solutions (HPS) Scheduled to Post Quarterly Earnings on Tuesday

Hammond Power Solutions (TSE:HPS) is set to issue its quarterly earnings data after the market closes on Tuesday, October 29th. Analysts expect the company to announce earnings of C$1.24 per share for the quarter.

Hammond Power Solutions (TSE:HPS) last released its quarterly earnings data on Thursday, July 25th. The company reported C$1.98 earnings per share (EPS) for the quarter, missing the consensus estimate of C$2.30 by C($0.32). The business had revenue of C$197.21 million during the quarter, compared to analysts’ expectations of C$191.40 million.

Hammond Power Solutions Price Performance

Hammond Power Solutions Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Friday, September 20th were paid a $0.275 dividend. The ex-dividend date of this dividend was Friday, September 20th. This represents a $1.10 annualized dividend and a yield of ∞.

Analysts Set New Price Targets

Separately, Acumen Capital raised Hammond Power Solutions to a “strong-buy” rating in a research report on Tuesday, September 24th.

About Hammond Power Solutions

John Hancock Preferred Income Fund III is a closed ended fixed income mutual fund launched and managed by John Hancock Investment Management LLC. It is co-managed by John Hancock Asset Management. The fund invests in the fixed income markets of the United States. It seeks to invest in securities of companies operating across diversified sectors.